Beijing Energy International Holding Co., Ltd. (HK:0686) has released an update.
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Beijing Energy International Holding Co., Ltd. has announced a major deal involving the acquisition of a 40% equity interest in a target company for around AUD183 million, after trading hours on August 20, 2024. The transaction is classified as both a major transaction and a connected transaction, requiring approval from independent shareholders. The company is convening a Special General Meeting (SGM) to seek this approval, with certain shareholders to abstain from voting due to material interest.
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